Skip To Content

1204 SE 5th Terrace

Cape Coral, FL 33990
  • $539,000
  • STATUS: Active
  • ON SITE: 153 Days
  • ID#: 2026019507
UPDATED: 59 min ago
$539,000
  • 4
    BEDS
  • 0.23
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,402
    SQFT
  • $224
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2003
County:
Lee

School Ratings & Info

Description

Waterfront - Pool Home with huge screen lanai - Fully updated - Great Family home, annual rental or short term rental...so many possibilities Move-IN ready. Investor-ready 4-bedroom, 2-bath waterfront pool home located in the heart of Cape Coral, offering strong rental appeal and flexible purchase options. Creative stated income options - 3 year old roof. This property features numerous updates including new flooring and upgraded cabinetry, along with a spacious layout ideal for long-term tenants, seasonal rentals, or a lease option strategy. The primary suite includes a soaking tub and oversized walk-in shower with frameless glass, adding to tenant desirability and resale value. New roof 2022 Situated on a freshwater canal with access to Shamrock Lakes, the home offers a highly marketable Florida lifestyle—private dock, pool, and mature tropical landscaping—all features that drive premium rental rates and tenant retention. Prime location near shopping, dining, golf, and entertainment, and just 35 minutes to Fort Myers Beach, making it attractive for both full-time residents and seasonal occupants. This property was under contract however the buyers had a unexpected health issue and were forced to cancel. Excellent opportunity for they waterfront Pool 4 bedroom home.

Monthly Payment Calculator



© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael Sutkus | Downing-Frye Realty Inc. Data last updated 2026-10-06T22:23:24.083.
www.explorehomesinnaples.com/homes/176109741
Print Image

1204 SE 5th Terrace Cape Coral, FL 33990

  • Price: $539,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 59 min ago
  • ID#: 2026019507
4
Beds
2
Baths
0
½ Baths
0.23
Acres
2,402
SQFT
$224
$/SQFT
2003
Built
Neighborhood:
Cape Coral
County:
Lee
Area:
Cc14 - Cape Coral Unit 16,18,22-
Property Description
Waterfront - Pool Home with huge screen lanai - Fully updated - Great Family home, annual rental or short term rental...so many possibilities Move-IN ready. Investor-ready 4-bedroom, 2-bath waterfront pool home located in the heart of Cape Coral, offering strong rental appeal and flexible purchase options. Creative stated income options - 3 year old roof. This property features numerous updates including new flooring and upgraded cabinetry, along with a spacious layout ideal for long-term tenants, seasonal rentals, or a lease option strategy. The primary suite includes a soaking tub and oversized walk-in shower with frameless glass, adding to tenant desirability and resale value. New roof 2022 Situated on a freshwater canal with access to Shamrock Lakes, the home offers a highly marketable Florida lifestyle—private dock, pool, and mature tropical landscaping—all features that drive premium rental rates and tenant retention. Prime location near shopping, dining, golf, and entertainment, and just 35 minutes to Fort Myers Beach, making it attractive for both full-time residents and seasonal occupants. This property was under contract however the buyers had a unexpected health issue and were forced to cancel. Excellent opportunity for they waterfront Pool 4 bedroom home.
Exterior Features

Architectural Style Ranch One Story Attached Garage YN Yes Carport Spaces 0 Carport YN No Construction Materials Block Concrete Stucco Covered Spaces 2 Direction Faces North Exterior Features Fence Fruit Trees Security / High Impact Doors Patio Garage YN Yes Parking Features Attached Garage Garage Door Opener Patio And Porch Features Patio Pool Features Concrete In Ground Pool Private YN Yes Roof Shingle Spa YN No View Canal View YN Yes

Interior Features

Appliances Dryer Freezer Microwave Refrigerator Cooling Central Air Electric Cooling YN Yes Flooring Laminate Tile Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features Bathtub Separate / Formal Dining Room Eat-in Kitchen Family / Dining Room Living / Dining Room Separate Shower Split Bedrooms Laundry Features Inside Laundry Tub Room Type Bathroom Family Room Window Features Casement Window(s) Impact Glass

Property Features

Association Amenities None Association Fee 0 Association Fee Includes None Association Fee2 0 Association Fee3 0 Association YN No Building Area Total 2881 Community Features Boat Facilities Development Name CAPE CORAL Gulf Access YN False Irrigation Source Included in Assessment Land Lease Amount 0 Listing Terms Lease Option Lot Features Rectangular Lot Ownership Single Family Pets Allowed Yes Possession Close Of Escrow Potential Short Sale YN No Property Condition Resale Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Restrictions Deed RestrictionsNo Commercial Security Features Security System Smoke Detector(s) Senior Community YN No Sewer Public Sewer Tax Annual Amount 8612.8 Tax Year 2025 Unit Location Utilities Cable Available Water Access Description Concrete DockDock Included Water Source Assessment Paid Waterfront Features Canal Access Waterfront YN Yes Zoning Description R1

Listing courtesy of Allison James Estates & Homes.


© 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from FGCMLS. Data deemed reliable but not guaranteed.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Michael Sutkus | Downing-Frye Realty Inc. Data last updated 2026-10-06T22:23:24.083.
 
https://bt-photos.global.ssl.fastly.net/flgulf/orig_boomver_1_2026019507-2.jpg https://bt-photos.global.ssl.fastly.net/flgulf/orig_boomver_1_2026019507-2.jpg https://bt-photos.global.ssl.fastly.net/flgulf/orig_boomver_1_2026019507-2.jpg
Logo
Michael Sutkus | Downing-Frye Realty Inc
950 Fontana Del Sol Way #100
Naples FL, 34109